#AltcoinSeasonLoading More companies are betting on bitcoin, a Trump advisor enters the game with USD 300 million

The company will be called Nakamoto, after the creator of bitcoin (BTC), and will focus on the acquisition and holding of the digital asset. More and more companies are betting on BTC as a reserve asset.

Strategy is the company with the most BTC in its treasuries.

David Bailey, CEO of the BTC Inc. media group and key cryptocurrency advisor to U.S. President Donald Trump, raised over 300 million dollars to launch a bitcoin (BTC) investment company.

The new firm is called "Nakamoto," in honor of the pseudonym of bitcoin's creator, Satoshi Nakamoto. Companies that invest in BTC often raise large sums of money, combining investor capital and loans, with the goal of buying and holding the asset long-term.

By going public, their shares allow other investors to gain exposure to the price of BTC without needing to buy it directly.

As reported by CriptoNoticias, this model was popularized by Strategy, the company led by Michael Saylor and known for its aggressive investment in BTC.

Saylor's initiative is also being replicated by other companies, such as Metaplanet, a Japanese investment company, and Twenty One, whose CEO is bitcoin enthusiast Jack Mallers.